peter pfp
peter
@peterx
After receiving HMSTR on Ton, I realized that the coin sparked community outrage due to its issuance. So, I sold it two hours after launch for nearly 10 USDT. Then, I used the USDT to open a contract, as I was confident HMSTR would continue to drop. I only opened a short position with 5 USDT at 2x leverage and soon reaped rewards, leading to frequent trading. By the second day, I reached 20 USDT. I went both long and short, and HMSTR happened to fluctuate within a 5% range during this time. After repeated trades, I reached 70 USDT. On the 4th, I recognized a potential short-term rise but hesitated to close my short position, hoping for more profits and expecting a slight drop before rising again. This led to an oversized position, and knowing much of my current gains were luck, I was reluctant to close early and clung to the hope of avoiding liquidation. Ultimately, as the upward trend continued, I was liquidated. I recorded this experience on Phaver to document my trading journey.
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